Question
During the year a company's inventory increased by $6,000,000.Its accounts payable increased by $5,000,000 during the year.For the year cost of goods sold was $25,000,000.What
During the year a company's inventory increased by $6,000,000.Its accounts payable increased by $5,000,000 during the year.For the year cost of goods sold was $25,000,000.What amount of cash was paid to suppliers?
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds
6th Edition
78110890, 978-0078110894
